Former Sam Bankman-Fried Lieutenant Ryan Salame Starts Jail Sentence, Jokes About “New Position” As Inmate At FCI Cumberland Prison
Ryan Salame, a former top lieutenant to Sam Bankman-Fried at the collapsed FTX crypto exchange, announced his arrival at FCI Cumberland prison in Maryland by lighthearedly updating his LinkedIn profile with the new position of “inmate.” “I’m happy to share that I’m starting a new position as Inmate at FCI Cumberland!” the former FTX Digital Markets co-CEO wrote on LinkedIn. Ryan Salame Enters FCI Cumberland After Several Delays The humorous job update comes after Salame was convicted in May this year following a guilty plea related to multiple charges, including campaign finance fraud and operating an unauthorized money-transmitting business. During his trial, the prosecution said that Salame had helped Bankman-Fried conceal financial statements to make investors believe that the now-defunct exchange was in a good financial position prior to its collapse. Salame reportedly also donated a large sum of money to support Republicans. Ryan Salame,...